Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Business

Wheat crisis: Licenses of 28 mills suspended, LHC told

byCT Report
31/01/2020
in Business, Latest News
Share on FacebookShare on Twitter

LAHORE: At least 204 mills have been found involved in the wheat shortage responsible for the wheat crisis in the country, according to a report submitted to the Lahore High Court on Friday, according to local media news.

The report mentioned that since December last year, the licenses of 28 mills have been suspended, while a fine of Rs5.62 million has been imposed on the mills in relation to the wheat crisis.

You might also like

Gwadar airport to remain closed three days a week under new schedule

19/09/2026

Mohammad Zikria Akbar Zia elected ICCI President

19/09/2026

The department’s report showed that 14 of the mills were located in the Lahore division, while eight were in Rawalpindi. The report alleged that most of the people found involved hail from strong political backgrounds.

Among the other factors, the food department’s report said that due to the devaluation of rupee,  the demand from local traders increased to overcome the shortage.

Last week, the Federal Investigation Agency was tasked to probe the shortage of wheat across the country. The Punjab government had launched a province-wide crackdown on wheat hoarders and profiteers.

The provincial government had decided to take strict action against those involved in creating artificial shortage of flour. As the crisis intensified, Prime Minister Imran Khan took notice of the surge in wheat prices too.

In January, the price of the flour increased by five rupees due to a shortage of wheat supply. “Fine flour is available for Rs62/kg while the price of mill flour increased by five to six rupees and is being sold between Rs 62/kg to Rs70/kg,” the president of the flour retailers association had earlier said.

In Karachi, a sack of flour was sold for Rs500. In some parts of the city, a bag of 10kg flour, which cost Rs450 before the crisis, was sold for Rs700 after an increase of Rs250. In Lahore, the Punjab Flour Mill Association increased the price of flour by Rs6 per kg.

 

Related Stories

Gwadar airport to remain closed three days a week under new schedule

byCT Report
19/09/2026

GWADAR: New operating hours have been announced for Gwadar airport, under which the facility will remain closed on Wednesdays, Fridays...

Mohammad Zikria Akbar Zia elected ICCI President

byCT Report
19/09/2026

ISLAMABAD: Mohammad Zikria Akbar Zia, Mohammad Ashfaq Hussain Chattah and Mohammad Waqas Khan have been elected as President, Senior Vice...

Pakistan’s mobile phone imports fall 8.85% to $274m in July-August

byCT Report
19/09/2026

ISLAMABAD: Pakistan’s mobile phone imports declined 8.85% to $274.129 million during the first two months of FY27, compared with $300.741...

Three customs officials arrested over alleged Rs4.1m fraud in Lahore

byCT Report
19/09/2026

LAHORE: Police have arrested three serving Customs officials in Lahore over two separate alleged fraud incidents. According to a Pakistan...

Next Post

LPG price slashed by Rs10 per kg

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.